US economic indicators, like rising unemployment and mortgage delinquencies, point towards a global economic slowdown, potentially leading to interest rate cuts. The upcoming US elections in Q4 2024 could further fuel market volatility. Comparatively, India’s economy is robust, and with elections and the Budget behind us, it’s well-positioned for continued outperformance, particularly given the ample domestic liquidity. However, despite its strong fundamentals, the Indian market may still be influenced by global trends, especially given its current high valuations.
Angel One shares sink 14% in 2 weeks. More pain ahead?
Angel One shares have experienced a significant correction, dropping nearly 14% over the past two weeks and 8% in the last week. After reaching a
December 24, 2024